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Other News - 04/29/2005

Swiss International Air Lines may increase its fuel surcharge again to help cushion the impact of rising fuel prices, CEO Christoph Franz said during a media meeting in Zurich, Reuters reported. The carrier currently charges an extra CHF48 ($40) on long-haul services and CHF18 on European flights. Such surcharges only cover about a quarter of the additional costs, Franz added. Swiss previously said that it had hedged about 27% of its fuel needs for 2005 as of the end of 2004 after selling ...

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